Mkango Resources Ltd.

Mkango Resources Ltd. is pleased to announce that it has filed a Technical Report in relation to the Definitive Feasibility Study for the Songwe Hill Rare Earths Project in Malawi previously announced on July 5, 2022. The press release in relation to the DFS is available to be downloaded from Mkango's website via the following link [...]

Mkango Resources is pleased to announce the results of the definitive feasibility study for the Songwe Hill Rare Earths Project. Highlights: US$559.0 million post-tax net present value, using a 10% nominal discount rate, with an internal rate of return of 31.5%, payback period of 2.5 years from full production and post-tax life-of-operations nominal cash flow of $2.1 billion. DFS is for 100% of Songwe on a

Mkango Resources is pleased to announce that Robert Sewell has joined the Company as CFO of the Company, subject to the approval of the TSX-V. The role will be a non-board position. Mr Sewell joins the Company from AfriTin Mining Limited where he was CFO during the construction and commissioning of its Uis tin mine in Namibia. He received a Bachelor of Commerce, Accounting degree from Rand Afrikaans University in 2003 and [...]

Mkango Resources and CoTec Holdings are pleased to announce that, further to the announcement on May 30th, 2022, binding legal documentation for the £500,000 unsecured convertible advance note has now been completed. Under the terms of the Advance, CoTec will transfer £500,000 to Mkango within 7 business days of conditional TSXV approval, which is pending, such transfer to be no later than 30th June 2022. Market Abuse [...]

Mkango Resources Ltd is pleased to announce that it has released the Financial Statements and Management's Discussion and Analysis for the period ending March 31, 2022. The reports will be available under the Company's profile on SEDAR (www.sedar.com) and on the Company's website

Highlights Mkango has signed a non-binding term sheet with CoTec Holdings Corp., an ESG-focused company investing in innovative technologies, led by Julian Treger and Braam Jonker, in relation to investments by CoTec into Mkango and Mkango's subsidiary, Maginito Limited, and collaboration in downstream rare earth technologies. The Transactions are expected to include the following key components: CoTec will invest £2 [...]

Mkango Resources Ltd. is pleased to announce its results for the quarter and year ended December 31, 2021. The Financial Statements and Management's Discussion and Analysis are available under the Company's profile on SEDAR and on the Company's website . Highlights for the three months ended December 31, 2021, include: The Feasibility Study for Songwe is expected to be completed in the second quarter of 2022. The [...]

Highlights Assays of carbonatite dyke samples return grades of up to 5.92% TREO median 2.96%. Mapping and geophysics results confirm that the major geological features of Nkalonje Hill are those of an alkali silicate-carbonatite intrusive complex, similar to Songwe Hill. Geophysics has identified a primary shallow drilling target beneath exposed mineralised dykes and a secondary deeper drilling target. LONDON and [...]

Mkango Rare Earths UK Ltd is pleased to announce it will collaborate with HyProMag, Bowers & Wilkins, European Metal Recycling, GKN Automotive Innovation Centre, Jaguar Land Rover and University of Birmingham in the Driving the Electric Revolution challenge at UK Research and Innovation grant funded project, "Secure Critical Rare Earth Magnets for UK" SCREAM will establish a recycled source of rare earth magnets in the UK [...]

Mkango Resources Ltd. is pleased to note the press release by the European Raw Materials Alliance , reproduced below, and looks forward to working with ERMA as we move the Pulawy separation plant towards development: Securing critical raw materials for the European market is the main goal of the European Raw Materials Alliance . The current issues with Europe's dependency on oil and gas clearly show the importance of [...]